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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Jim McMannis who wrote (176296)1/10/2009 8:34:30 PM
From: Mike M2Read Replies (1) of 306849
 
Jim, a look back at Rubin's role in laying the foundation of the economic crisis from SLATE magazine- " Glass-Steagall. This 1933 law prevented commercial banks from doing investment banking (and vice versa). In his 2002 book, The Roaring Nineties, Nobel Prize-winning economist Joseph Stiglitz (an adversary of Rubin's in the Clinton White House) identifies Rubin as a prime mover in the 1999 repeal. " Message 25314038
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